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<h1>Promoter-employee eligibility to retain and exercise pre-IPO share-based benefits if granted at least one year before draft filing.</h1> Employees identified as promoter or part of the promoter group in a draft offer document remain eligible to continue to hold and/or exercise options, SAR or other share based benefits if those benefits were granted at least one year prior to filing the draft offer document, subject to the grants' terms and compliance with these Regulations and other applicable laws.